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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (3472)	4/22/1999 11:51:00 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 5143

<<Didn't Bre-x have a consultant approve that find? What good did that do for investors? >> Everybody got fooled by BXM and gang. A master "coup". The point is a reputable consultant will not make a scam of a company that is not. That is why the Geomaque, Cumberland and other junior mining business still do business with The BD, MRDI and others. << I think that MG Resources has this just right for the times and their financial resources.>> I disagree.... if they have that tonnage and grade and if they can recover it with the J/L process... financing should come easy with very advantageous terms. Let's face it Richard, if MGAU had only one drill hole on Sinagua which would return an intercept supporting the 196,000,000 tons with above 1 ounce of gold per ton theory, and if this would be confirmed by one or two 3rd party, the stock would get to a market cap of $100-$200 millions immediately. MGAU would then be in a position to finance future development with a financing that would not dilute the stock. Do you agree ? If not, can you explain as I really need to understand this.